A new survey from investment database and technology solutions firm eVestment and management consultancy firm Casey Quirk predicted that there will be major restructuring in the fixed-income sector this year.
The 8th annual 2014 Global Investor Survey, which polled more than 200 participants, suggests that expected search activity from manager replacement in domestic equity and fixed income, and EAFE equity categories will increase to 58% in 2014 from 45% last year.
53% of respondents listed the rising interest rate as their biggest concern, while 48% are planning to “significantly” realign their fixed income portfolios. The report also revealed that investors’ appetite for real assets continue to rise; real assets represent approximately 14% of forecasted search activity—compared to 6% from 2013.
More than 65 investment consultants with $3.7 trillion in assets under advisement, and more than 135 institutional investors globally managing $1.6 trillion in assets participated in the survey.
Founded in 2000, eVestment offers one of the world’s largest traditional and alternative investment databases. Connecticut-based Casey Quirk focuses solely on advising investment management firms.